Job losses if tax cuts don't pass: Twiggy

Mining magnate Andrew "Twiggy" Forrest is calling out Labor and crossbench senators for standing against company tax relief.

Opposition to the federal government's proposed company tax cuts will lead to higher unemployment, mining magnate Andrew "Twiggy" Forrest says.

The billionaire Fortescue Mining boss says Australia has one of the highest business tax rates in the world and MPs who resist a decrease should be kicked out of parliament.

"If you set up with rotten, populist government policies which make us uncompetitive, then we're all going to do it tough," he told News Corp on Thursday.


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Source: AAP


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